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Bullboard - Stock Discussion Forum Electra Battery Materials Corp V.ELBM

Alternate Symbol(s):  ELBM

Electra Battery Materials Corporation is a Canada-based processor of low-carbon, ethically sourced battery materials. The Company is focused on building a supply of cobalt, nickel and recycled battery materials. It is engaged in the business of battery materials refining, including refining material from mining operations and from the recycling of battery scrap and end of life batteries. It... see more

TSXV:ELBM - Post Discussion

Electra Battery Materials Corp > Bloody fantastic!
View:
Post by Rockafellow2 on Feb 16, 2023 9:56am

Bloody fantastic!

From 75 tons of BM you get....
CO... 16%...12 tons,
NI.....7%.....5 tons,
mN....5%....4 tons ,
AL.....5%....4 tons,
Li.......3%.....2 tons,
CU....2%.....1.5 tons,
That is a lot of moolah folks!
Bloody fantastic, I say.....
Do the math....
All that. In just 3 months of recycling!
I''m buying a Cadillac!
Comment by NatureBoy on Feb 16, 2023 11:23am
Hey Rock... don't get too excited. Most likely you won't be paying cash for that Cadillac if you're dependent upon ELBM returns... and furthermore, it could be a 4 year wait for the "parts" to come in. You know...we were just told in the latest "news announcement" about those supply chain shortages for chips. Lol.
Comment by Silverad0 on Feb 17, 2023 6:27am
Have another read of the press release.  I did after I read a post stating that it has been ounces not tons that have been recycled.  Now I dont believe either on this.  I believe what Trent is saying is that they have run some black mass and they are trying to figure out next steps.  So my take on that is and this is in the PR is that the recycle facility doesn't really ...more  
Comment by dothemathpeople on Feb 17, 2023 8:48am
So where'd the other 47 tons of BM go to then?  What is the cost to produce these numbers?  What is the cost to aquire the BM and transport it to Cobalt? And where do you get your numbers from?  And what math did you use use, to come up with those numbers?  Do tell.
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